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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Scott Brooks who wrote (9818)10/27/1997 9:43:00 PM
From: Jeffrey Boggis  Respond to of 70976
 
Scott, This is what gives CNBC a bad name. This is now embarrasing!
The little guys haven't sold because they just got home tonight and found out the actual severity of what's going on. The scardy cats will bail tomorrow, but the smart investor will wait until AMAT becomes too low to irresist. In my opinion, if AMAT drops tomorrow to $30 or even $25, you'd be wise to jump in! That's my opinion.

1. Don't fight the tape.
2. Wait for the dust to settle.
3. Look at AMAT leaps.
4. Be patient and don't time the market.
5. When CNBC describes the Hong Kong market selling as "carnage", the small investor is going to celebrate Halloween early and becomed "spooked" out of this market. The wise investor will buy AMAT at $25 for a nice return over the long haul.

Good luck,

Jeff



To: Scott Brooks who wrote (9818)10/27/1997 9:46:00 PM
From: akidron  Respond to of 70976
 
interest rates are climbing ever higher as govenments try to defend their currencies. these rates are a negative to growth and will slow down capital purchases if they remain at these levels. one should be very careful in atempting to time the market, and aviod putting too much faith in blind predictions from thread members. even those like kumer who have timed previous movements well. hk is down 12%. it is probably overdone. tomorrow I will buy on further weakness. I have orders to buy at 29 and 25 (I had the same targets today) but it is risky. it is possible that this thing could spin out of control. it is also possible that amat be at 60 in december. I'm a bull, but it helps that I'm playing with realized gains. one should not discount the possibility that history will repeat itself